Fujikura Expands Vietnamese Subsidiary, Expects Rising Demand

Fujikura Rubber Ltd. (TYO:5121) is expanding the second plant of its Vietnamese subsidiary, Fujikura Composites Haiphong Inc. The company intends to raise the production capacity at the subsidiary in anticipation of further increasing demand for industrial materials with the growth of ASEAN economies. It is envisioned spending $6.4 million on an expansion plan that will allow sales to increase by...

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